PYMNTS-MonitorEdge-May-2024

Commerce

Commerce or e-commerce, or electronic commerce, and how it has impacted the traditional methods of buying and selling goods.

Source: searchcio.techtarget.com

AI Helps Retailers Turn Tide in the Battle of Returns
AI Helps Retailers Turn Tide in the Battle of Returns
January 03, 2024  |  Retail

The new year is only three days old. Buyer’s remorse may be setting in for those of us who have hit “buy” again and again,...

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Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
Chinese Consumers Are Saving Rather Than Spending Amid Economic Downturn 
December 21, 2023  |  Consumer Insights

Chinese consumers are reportedly feeling the effects of the country’s economic downturn.  This downturn, characterized by declining exports, a slowdown in manufacturing and a property...

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New Car Sales Expected to Reach Highest Level Since 2019 
New Car Sales Expected to Reach Highest Level Since 2019 
December 21, 2023  |  Transportation

The automotive industry in the United States is reportedly set to experience a slight increase in new car sales in 2024.  Industry analysts’ projections indicate...

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Apple Plans to Launch Vision Pro Mixed-Reality Headset by February 
Apple Plans to Launch Vision Pro Mixed-Reality Headset by February 
December 20, 2023  |  Apple

Apple is reportedly preparing to launch its Vision Pro mixed-reality headset by February.  The company has been increasing production of the headset at its facilities in China, with...

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5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in 2024 
5 Things to Watch in Courts and on Capitol Hill that Will Impact Payments in...
December 20, 2023  |  Regulation

December’s on the way out. Congress is quiet, on recess until the beginning of next year. The Supreme Court’s not hearing arguments at the moment....

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National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
National Retail Federation Reports Higher Sales as Holiday Season Kicks Off
December 11, 2023  |  Retail

The National Retail Federation (NRF) says the holiday shopping season got off to a strong start. The federation’s Retail Monitor, produced in tandem in CNBC and...

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Dollar General Fine Tunes Strategy to Enhance Shopper Experience 
Dollar General Fine Tunes Strategy to Enhance Shopper Experience 
December 07, 2023  |  Earnings

If you’re not hearing an echo this quarter in the world of retail, you might not be tuned in. The key theme this quarter has...

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Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
Big Lots Focuses on ‘Extreme’ Bargains as Food Sales Dip
November 30, 2023  |  Earnings

Big Lots says its quarterly earnings show the impact of a cautious consumer.  The discount retailer’s numbers, released Thursday (Nov. 30), showed comparable sales down 13.2%, as...

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As D2C Brands Seek Retail Boost, Madhappy Takes DIY Approach for Customer Immersion
As D2C Brands Seek Retail Boost, Madhappy Takes DIY Approach for Customer Immersion
November 29, 2023  |  Retail

Several direct-to-consumer (D2C) brands, such as apparel brand Madhappy, are taking a detour from the original playbook and stepping into the retail arena to weave...

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